Saudi Cybersecurity Startup COGNNA Closes $2.25 Million Seed Round
Founded in 2022, COGNNA uses artificial intelligence and advanced data analysis to identify threats within customers' systems.
Saudi Arabia-based cybersecurity startup COGNNA has closed a Seed investment round, securing over $2.25 million. The funding round was led by IMPACT46 and saw participation from Vision Ventures, Faith Capital, and other investors.
COGNNA, founded in 2022 by Ibrahim Alshamrani and Ziyad Alshehri, employs artificial intelligence and advanced data analysis to identify threats within customers' systems and networks. By leveraging cutting-edge technologies such as AI, COGNNA aims to contribute to the proactive detection and mitigation of evolving cyber threats, enhancing the overall cybersecurity landscape in the region while aligning with regional regulations.
As one of the first cybersecurity startups to raise an investment round of this size within the MENA region, the closure of this funding round signals growing investor confidence in the potential of Middle Eastern startups within this critical sector. The injection of funds is expected to further fuel COGNNA's development and expansion as it continues to play a role in fortifying digital defenses against cyber threats.
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Feb 20, 2024